TBI Weekly: Will Chinaࢀ™s media giants push Netflix out of Asia-Pacific?

Netflix is, for now, the undisputed global king of streaming, boasting close to 183 million subscribers across most corners of the world ࢀ" but not quite everywhere. Mainland China is one territory where Netflix has yet to gain a foothold. It is instead ruled by its local media giants Baidu, Alibaba and Tencent, known collectively as BAT, and developments in the past couple of weeks suggest that China, and the wider Asia-Pacific region, could soon produce its own contender to finally oust Netflix and claim the streaming throne. Recent reports suggest that WeTV operator Tencent and iQiyi might be ready…